Although many players in the blockchain industry prioritize maximizing throughput, Alex Mizrahi, co-founder of Chromaway, believes providing users with a transparent, secure, and decentralized computing environment is still equally important. So while blockchain projects aspire to satisfy the basic need to transact, Mizrahi emphasizes that establishing consensus among nodes should not be the sole goal. […]
Ethereum Technical Analysis: Upper Resistance Tussle Puts Bulls on Pause
Ethereum’s price movement on Feb. 26, 2024, showcases a strong uptrend despite recent market volatility. With the second leading crypto asset’s price hovering around $ 3,064, it reflects a significant surge over the past month. At press time, market oscillators and moving averages signal mixed sentiments, hinting at both potential pullbacks and further gains. …
SEC Seeks Court Order for Ripple’s Financial Statements in Ongoing Legal Tussle
The legal battle between the SEC and Ripple Labs continues, with the SEC seeking court intervention to obtain Ripple’s financial statements and data on institutional XRP sales. SEC’s Legal Pursuit of Ripple Continues With Request to Disclose Financials and XRP Contracts The U.S. Securities and Exchange Commission (SEC) has intensified its scrutiny of the cryptocurrency […]
Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution
The long-standing legal feud between FTX Trading and Genesis Global Holdco is taking a turn towards resolution. The two parties have reached an initial agreement, in principle, following bankruptcy protection disputes that have made industry headlines. An official letter to the bankruptcy judge representing their cases has affirmed the intent of the firms to put […]